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REGISTERED NUMBER: 01008332 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

MARPAUL LONDON LIMITED

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MARPAUL LONDON LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: Mr R J Clark
Mrs P V Clark





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 01008332 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

ABRIDGED BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 36,127 36,127
Investment property 5 866,660 866,660
902,787 902,787

CURRENT ASSETS
Debtors 1,496 -
Cash at bank 472,812 666,960
474,308 666,960
CREDITORS
Amounts falling due within one year 250,777 192,072
NET CURRENT ASSETS 223,531 474,888
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,126,318

1,377,675

CREDITORS
Amounts falling due after more than one year 22,500 32,500
NET ASSETS 1,103,818 1,345,175

CAPITAL AND RESERVES
Called up share capital 20,004 20,004
Other reserve 585,946 585,946
Retained earnings 497,868 739,225
SHAREHOLDERS' FUNDS 1,103,818 1,345,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

ABRIDGED BALANCE SHEET - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2024 and were signed on its behalf by:





Mr R J Clark - Director


MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Marpaul London Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Fixed asset investments
Fixed asset investments are recognised at costs less provision for impairment.

MARPAUL LONDON LIMITED (REGISTERED NUMBER: 01008332)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2022
and 31 March 2023 36,127
NET BOOK VALUE
At 31 March 2023 36,127
At 31 March 2022 36,127

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 866,660
NET BOOK VALUE
At 31 March 2023 866,660
At 31 March 2022 866,660

Investment property was valued on 31 March 2023 by the director.

6. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £271 to (2022 : £Nil) the directors.

At the balance sheet date, the company was owed £904 by (2022 : £Nil) Marpaul Group Limited, £592 by (2022: £Nil) Marpaul Development Limited, companies connected by virtue of common control.

At the balance sheet date, the company owed £200,000 to (2022 : £150,000) Marpaul Limited and £3,217 to (2022 : £Nil) Marpaul Construction Limited, companies connected by virtue of common control.